Tech view: ‘Sell on rise’ strategy advised in Nifty with 25,000 as key support. How to trade tomorrow

  • Posted on October 3, 2024
  • By Business News Today
  • 2 Views
Tech view: ‘Sell on rise’ strategy advised in Nifty with 25,000 as key support. How to trade tomorrow

A bearish candle suggests further market weakness. Traders should "sell on rise" and only buy above 26,000. Key levels to watch are support at 25,000 and 24,750, and resistance at 25,500. Breaking below support could trigger more declines, while hitting resistance may limit any upward movement, according to Hardik Matalia of Choice Broking.
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